‘India Chocolate Market Outlook, 2023‘ gives a comprehensive analysis on the Chocolate industry of India. In India, the hygiene products market has shown an explosive growth in recent years. The key growth drivers of chocolate industry in India are tradition of gifting sweets, shifting in consumer preference from traditional mithai to chocolates, rising income levels and attractive pricing which is suitable for every pocket. The urban India and tier I, II cities have woken up to the fad of chocolate being considered as a gift proposition. While even till few years back sweets were the only option in delicacy gifting, overt media exposure and smart marketing techniques have positioned chocolates as an alternative.

According to report, ‘India Chocolate Market Outlook, 2023’, total chocolate market has grown with 18% CAGR from 2011-12 to 2016-17 in value terms. In volume terms, it is predicted to have growth rate around XX% during forecast period. Total chocolate market is segmented into two broad categories i.e. Mass and Premium. It has three product viz. Dark chocolate, White chocolate and Milk chocolate. Milk chocolates have been always popular in India and contribute more than 70% of the total chocolate market.

“India Chocolate Market Outlook, 2023” discusses the following aspects of Chocolate in India:

Global Chocolate Market Size By Value & Forecast

North America Chocolate Market Size By Value & Forecast

Asia Pacific Chocolate Market Size By Value & Forecast

Europe Chocolate Market Size By Value & Forecast

Global Chocolate Segmental Analysis: By Region, By Company

India Chocolate Market Size By Value & Forecast

India Milk Chocolate Market Size By Value, Volume & Forecast

India Dark Chocolate Market Size By Value, Volume & Forecast

India White Chocolate Market Size By Value, Volume & Forecast

India Mass Chocolate Market Size By Value, Volume & Forecast

India Premium Chocolate Market Size By Value, Volume & Forecast

India Chocolate Segmental Analysis: By Type, By Company, By Brand, By Region

Key Vendors in this market space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Chocolate in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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